Simona De Silvestro and Paretta Motorsports will have sponsor MoneyLion on its No. 16 Chevrolet-powered entry in the Indianapolis 500, Paretta announced March 8.
The new team is the first to have a woman-owned and -driven entry in the sport.
“We’re thrilled to align with MoneyLion because of our shared ideals,” Paretta CEO/team principal Beth Paretta said in a team release. “MoneyLion’s focus on empowering women through improved financial access and literacy is a direct parallel to our mission of helping women advance their careers. We’re pleased that MoneyLion sees the value of our women-forward racing program and greatly look forward to being a part of their ‘Women Who Roar’ campaign.”
De Silvestro has 68 career NTT IndyCar Series, though none of them have come since 2015, when she ran the Indianapolis 500 for Andretti Autosport, finishing 19th. She has one podium finish, coming home second at NRG Park Stadium Circuit in Houston in 2013.
Luken Glover joined the Frontstretch team in 2020 as a news writer before elevating to a columnist, where he served as the longtime writer for The Underdog House. Currently, he is an editor for the site and conducts feature interviews. Glover has covered several forms of racing for the site including NASCAR, CARS Tour, and SRX events.
A 2023 graduate of the University of the Cumberlands, Glover is a promotional writer, elementary athletic director, and basketball coach. He is passionate about serving in his church, playing/coaching a wide variety of sports, and researching motorsports history.